CPO trading range for the day is 414.8-434.6.
Crude palm oil prices dropped tracking weakness in spot demand and weak demand in global market.
Price of the oil were also under pressure on higher supply after India CPO imports rose 12.58% to 778,815 tons in December.
Malaysia palm oil exports fell to 886,189 in Jan 1-25 compared to 1.07 million tons for the same period a month ago.
Crude palm oil prices in spot market dropped by 3.70 and settled at 424.20 rupees.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Crude palm oil prices dropped tracking weakness in spot demand and weak demand in global market.
Price of the oil were also under pressure on higher supply after India CPO imports rose 12.58% to 778,815 tons in December.
Malaysia palm oil exports fell to 886,189 in Jan 1-25 compared to 1.07 million tons for the same period a month ago.
Crude palm oil prices in spot market dropped by 3.70 and settled at 424.20 rupees.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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